Investments

Malaysia government, GLICs to invest $211M to support startups, technopreneurs

Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.

Japan’s JERA to invest $300M in greentech-focused startups

Japanese energy firm JERA Co., Inc. (JERA) has initiated corporate venture capital activities with the aim of accelerating innovation in the energy domain and generating new business opportunities. The firm will make strategic investments totaling $300 million in start-up companies that have leading-edge technologies or business concepts and in venture…

Silicon Box launches $2B advanced semiconductor manufacturing foundry in Singapore

Silicon Box, a Singapore-based semiconductor integration startup, has launched its $2 billion advanced semiconductor manufacturing foundry to revolutionize the chip manufacturing sector, develop local capabilities, and boost Singapore's position as a global hub for semiconductor manufacturing.

Temasek reports lower net portfolio value of $285B in FY2023

Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.

LeapFrog Investments plans to commit over $500M to climate solutions in Asia and Africa

Global private investment firm LeapFrog Investments plans to commit $500 million to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people. 

Sequoia Capital’s China unit sets up office in Singapore – report

HongShan told the FT it had a “strong foundation of trust” with PeakXV and there would be opportunities for both teams to collaborate.

Hong Kong and Saudi Arabia to boost information and technology collaboration

Hong Kong and Saudi Arabia are boosting their information and technology collaboration with the visit of Saudi Minister of Communications and Information Technology (MCIT) Abdullah Al-Swaha and the signing of various agreements on Sunday.

Indonesia’s Baskit secures $3.3M seed round to digitize distribution infrastructure for SMEs

Baskit plans to utilize the newly-raised funds to expedite its tech roadmap and extend its reach within #Indonesia. "Our goal is to harmonize the #supplychain, embracing transformative technologies while respecting traditional norms," says Baskit's CEO, Yann Schuermans. "To achieve this, we are developing cutting-edge tools that will be both functional and…